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Property Overview

  • Size:
    1,667 sq ft / 155 sq m
  • Usage:
    A3
  • Sale Type:
    To Let
  • Rental Income:
    N/A
  • Property Type:
    Restaurants
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    No
  • Energy Rating:
    N/A

General Summary

 
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The premises are prominently located on popular parade on Wandsworth High Street in the heart of Wandsworth & within walking distance to Southgate Shopping Centre &National Opera Studio. Excellent prime location and ample space to prosper and build a thriving business. This restaurant is available to build up the existing business or to convert to anything the in going business person requires. Internal viewings are highly recommended through London Properties by appointment onlt

Location

LOCATION: The premises are prominently located on popular parade on Wandsworth High Street in the heart of Wandsworth & within walking distance to Southgate Shopping Centre &National Opera Studio. Excellent prime location and ample space to prosper and build a thriving business. This restaurant is available to build up the existing business or to convert to anything the in going business person requires

DESCRIPTION: Arranged over two floors the premises totals an approximately 1073 sq ft The ground floor comprises of a large counter, ample seating of 42 covers a kitchen to the rear with prep, storage & walk-in refrigerators.

USES: A3 with alcohol licence

PREMIUM: £155,000 for the benefit of the lease, fixture & fittings

RENTAL: £26,000 per annum

TERMS: 17 years remaining with rent review every 5 years & next rent review in 2020

BUSINESS RATES: Approximately £7,500 payable. Interested parties are advised to make their own enquiries to the local authority.

SIZE: Approximately 1667 sq ft over to floors

OPENING HOURS: Open 7 days a week 11:00 a.m to 12 Midnight

STAFF: Owner managed with 6 staff

TURNOVER: Current turnover in excess of £390,000 per annum

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Wandsworth

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.


HOLDING DEPOSIT:
A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only

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